Equitas Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Equitas Bank Vadodara Vadodara Gujarat

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MICR Code
Bank Equitas Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Por Vadodara
Contact
Bank Details Equitas Small Finance Bank Limited Por Vadodara ESFB0007047
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 391243
Country IN
Address 1st floor kalakunja complex,above hdfc bank,kayavarohan road,por,vadodara - 391243
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Por Vadodara branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Equitas Bank Small Finance Bank, Por Vadodara branch makes the system almost error free and faster. Use of Equitas Bank Small Finance Bank MICR codes for Por Vadodara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Equitas Small Finance Bank Limited are available with micr code -

>>Gotri >>Harni Airport Road Vadodara >>Padra >>Por Vadodara

MICR code for Equitas Bank Por Vadodara

Equitas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Equitas Bank Small Finance Bank MICR code for Por Vadodara is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Equitas Bank for Por Vadodara branch. MICR code for Por Vadodara branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Equitas Bank Small Finance Bank Por Vadodara is presented in the table alongside.

Use of Equitas Bank Small Finance Bank MICR code for Por Vadodara branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Por Vadodara and Equitas Bank Small Finance Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Equitas Bank is typically in either of these two font’s: E-138 and CMC-7.

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